What Could Smart Containers be Worth? (new ICO)
Globalization and the advent of the internet have made the world more interconnected than ever before. Most countries have opened their borders and economies to foreign companies and as a result, the world's economies now exist in a massive intertwined network of global trade, which is worth in excess of $15 trillion. Industry supply chains are the blood vessels for this massive network, and that makes supply chain solutions an extremely lucrative market in itself.
Many types of companies play important, inter-connected roles to make any supply chain functional and efficient. Courier companies like DHL and shipping companies like Maersk provide the vehicle necessary for transport, docks and airports provide necessary infrastructure, and various manufacturers provide the containers necessary to securely transfer the shipments. Now, as technology is starting to play a crucial role in every industry, a growing number of software firms are developing software for supply chain solutions. Given the importance and depth of global trade and the long history it has had, the largest companies in this market are over a century old. With this figure in mind, a young company called Smart Containers intends to offer the most advanced multi-edged supply chain solutions in an effort to one day be the market leader.
A Look at Industry Participants
The largest players in the supply chain industry are the shipping companies. Given the size of the market, these companies have been able to establish massive valuations.
- Maersk is valued at over $200 billion
- CMA CGM isn’t publicly listed but drives revenues of $20 billion+
- COSCO Shipping regularly has revenues north of $10 billion
These shipping companies, along with courier firms like DHL and UPS, are valued in the tens of even 100s of billions of dollars. The point to be made is that maximum earnings a company can derive from global trade has virtually no limits—or is at least extremely high.
Software targeting the industry, though new, is also growing into a lucrative industry. SAP and Oracle, which are the giant of enterprise software development, are earning billions by integrating software into supply chain. But the market is ripe for start-ups too; JDA Software is a recent company entirely cored on supply chain software and it’s valued at nearly $2 billion.
Despite the time period global trade has existed, it’s participants are very accepting of innovative products. Smart Containers is able to fit in quite well with the future of the supply chain.
How Smart Containers Fits
Smart Containers is providing a singular product that covers the physical and software needs of global trade participants. The company’s young age won’t impact its ability to go up against industry giants as JDA Software, despite being new to the supply chain industry, has taken up as much market share as the niche software developed by industry leaders like Oracle. Smart Containers intends to bring the most advanced technologies of today to the supply chain; it also intends to bring the most advanced container design to the market. This allows Smart Containers to offer a powerful product that fulfills multiple needs and since the same company is building both the container and the underlying software, it’ll be able to provide the best interaction of software and hardware.
The key challenge, though, is that supply chain is an industry where companies build long-term partnerships; so, penetration can be difficult. During my talk with one of Smart Containers’ representatives in their Telegram group, I learned that the company has been active for 5 years and a lot of effort has been exerted in that time period to build dozens of partnerships. It seems Smart Containers has spent the necessary time to overcome the challenge.
Smart Containers’ partnerships are established; its R&D team has developed arguably the best containers in the industry; it’s ahead of the competition as it is proactively utilizing the most advanced technologies of today. Smart Containers is ready to launch to the massive valuations that are possible, even for start-ups, in the supply chain industry.
Essential Smart Containers Links
🌐 Website: https://smartcontainers.ch/
💡 Whitepaper: https://smartcontainers.ch/assets/20180502_smartcontainers_whitepaper_v2.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3058528.0
💻 Telegram: https://t.me/smartcontainers
⌚️ Token Sale: Public Presale May 15
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Payments in blockchain is faster by nature than traditional payments. Instead of waiting for the funds to make its way through multiple banks, you’ll enjoy the benefits of user-to-user payments through the blockchain ledger e.g Streamity. As long as you have a transfer method set up to use for transfer of the funds, you’ll likely find blockchain payments easier for your business as well as your customers.
Junstina, thank for you pointing out a good feature SmartContainers could offer to its customers. Software in the supply chain market in usually aimed at tracking, and SmartContainers also is targetting that with the IoT. But as you said, the blockchain factor makes way for great features like better transaction facility.
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Exelente post amigo
Glad you liked it buddy
Thank you :)
we should ensure that it is used properly
The company has been operating for 5 years and they've presented a very feasible plan of operation with the funds raised from the ICO. They'll be using the funds properly, and they've done well with their products so far; they'll be using the product properly too ;)
Amazing Idea.. I will keep in mind.
You are such a creative person
Yes, Smart Containers certainly has a very innovative idea. It stands poised to change the supply chain industry as we know it.
And thank you!
I think blockchain has many benefits. Data is immutable, transparent to network participants and the crypto token makes financial regulation irrelevant. Add to that cryptographically enabled security. I believe more companies need to adopt blockchain to secure data.
What smart containers is trying to achieve is truly phemomenal. I think the industry truly needs new tech for tracking containers and space available in those. Given that they have spent time building relationships shows their seriousness as a company. Innovative container design and back end software, seems to be a winning packaged deal.
The time that they have dedicated to build proper partnerships before launching their ICO really sets them apart from most other ICOs. I actually wrote about how this company bridges the gap between IPO participants and ICO participants.
GOODE
Thank you!
Thank you my friend
There’s no guarantee that any technology won’t fall victim to a cyber attack. But, blockchain technology offers safety that cannot be found with traditional payment systems. Through the use of blockchain wallets, your business and its clients can maintain your private keys in a separate wallet safe from online network. This keeps it safe from hacking attempts and viruses that are often seen with software-based wallets. But if you prefer the software-based wallets which are also available and that provide an extra layer of protection. It’s important to first choose the right wallet and then make sure that you add the extra security to keep your fund safe.
The fact that the container's technology is based on the blockchain makes sure that transactions are secure and the data remains safe. This would definitely be a major value additive of the product. But you are right, there's no such thing as 100% security. People often assume that blockchain means 100% secure but it's actualy just the best we have right now.
Adopting blockchain technology into your business makes room for transparency because every transfer goes through a central ledger, which saves data that is visible to anyone who accesses it. This means that both your employees and clients will have access to the data once a business deal has taken place, it creates a level of trust that is not found with traditional payment methods.
However, there might be complaints for privacy of deals.
Every company should adopt blockchain technology. Blockchain offer superior performance because of its peer to peer nature and their data will secure end to end encrypted and highly distributed.They offer highly advanced technology based data service with excellent secure data storage with low cost.
Smart container is unique combination of cutting edge hardware highly efficient software and unique services propels them fast growing providers @hatu
The blockchain technology is the future and should be implemented in all types of companies. The use of this technology every day can be seen in different scenarios: in the financial sector, the health sector, in legal services, pharmaceuticals, logistics, transportation, government entities, in the educational system. Its advantages: exchange without intermediation of third parties, strength and reliability, integrity of the process, transparency and immutability, simplification of the accounting system, efficient transactions. Blockchain is the technology of the future.
Smart Containers Group provides the safest temperature-controlled containers to transport sensitive pharma goods and food around the world, but the logistic comes from a fully integrated, seamless logistic ecosystem, open to all entities within the industry and based on blockchain technology, called LOGI CHAIN.
Smart Containers Group invented an ingenious cooling technology that stores five times more energy than traditional methods to keep the container at a steady temperature. And combinating that with the software designed to track and trace the position, temperature, humidity and general condition of every container around the world with an infrastructure of sensors and gateways in all relevant logistic hubs.
They will establish a powerful and profitable logistics system.
You understood the project but I think you slipped up on what you think it can achieve. It's not really creating a logistics system, it's providing container system.
That's what I was trying to point out. Companies like JDA Software have been providing logistics systems for many years and a lot of companies are doing that. As you said, SmartContainers is developing software that will allow tracking and tracing position, temperature, humidity, and general conditions of their container. This is a new technology that is perhaps the first to make container system.
They first invented the system to preserve the products inside the containers. Then they complemented the system with blockchain technology, Not only to control product safety information but keep tracking and tracing it. That's what I understood.
And this combination is excellent for food and pharmaceutical industry.